Raven Property Group Limited Preference Share Dividend (RAVP) (0225M)
May 06 2020 - 2:00AM
UK Regulatory
TIDMRAV
RNS Number : 0225M
Raven Property Group Limited
06 May 2020
6 May 2020
Raven Property Group Limited ("Raven" or the "Company")
Preference Share Dividend (RAVP)
The Directors of the Company confirm that the quarterly payment
of the preference dividend in respect of the preference shares of
1p each with ticker RAVP (the "Preference Shares") will be made, in
accordance with their terms, on 30 June 2020 in respect of the
period from 31 March 2020 to (but excluding) 30 June 2020. The
record date for the payment of the preference dividend for the
Preference Shares is 15 May 2020 with an ex-dividend date of 14 May
2020.
The Preference Shares will be entitled to a gross dividend of 3
pence per Preference Share.
A scrip dividend alternative (to be settled in Preference
Shares) will also be available for all preference shareholders in
respect of the preference dividend.
The scrip dividend circular will be available on the Investor
section of the Company's website ( www.theravenpropertygroup.com )
, and will also be available for viewing on the national storage
mechanism ( http://www.morningstar.co.uk/uk/NSM ). Letters
notifying the holders of Preference Shares of the presence of the
scrip dividend circular on the Company's website and how to access
it will be sent on or around 21 May 2020. The last date for receipt
of completed forms of election (in accordance with the terms
thereof) will be 5 June 2020.
Enquiries
Raven Property Group Limited Tel: + 44 (0) 1481 712955
Anton Bilton
Glyn Hirsch
Novella Communications (public relations Tel: +44 (0) 203 151 7008
adviser)
Tim Robertson
Fergus Young
N+1 Singer (UK joint broker) Tel: +44 (0) 20 7496 3000
Corporate Finance - James Maxwell
/ James Moat
Sales - Alan Geeves / James Waterlow
Numis Securities Limited (UK joint Tel: + 44 (0) 207 260 1000
broker)
Alex Ham / Jamie Loughborough /
Alasdair Abram
Renaissance Capital (South African Tel: +27 (11) 750 1448
broker)
Yvette Labuschagne
Renaissance Capital (Russian broker) Tel: + 7 495 258 7770
David Pipia
Ravenscroft (TISE sponsor) Tel: + 44 (0) 1481 729100
Emma Ozanne
About Raven Property Group
Raven Property Group Limited was founded in 2005 to invest in
class A warehouse complexes in Russia and lease to Russian and
International tenants. Its Ordinary Shares and preference shares
are listed on the Main Market of the London Stock Exchange and
admitted to the Official List of the UK Listing Authority and the
Official List of The International Stock Exchange ("TISE"). Its
Ordinary Shares also have a secondary listing on the main board of
the Johannesburg Stock Exchange and the Moscow Stock Exchange. Its
convertible preference shares are admitted to the Official List of
TISE and to trading on the SETSqx market of the London Stock
Exchange. The Group operates out of offices in Guernsey, Moscow and
Cyprus and has an investment portfolio of circa 1.9 million square
metres of Grade "A" warehouses in Moscow, St Petersburg,
Rostov-on-Don, Novosibirsk and Nizhny Novgorod and 49,000 square
metres of commercial office space in St Petersburg. For further
information visit the Company's website:
www.theravenpropertygroup.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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